With home ownership becoming more and more expensive, it’s no surprise people are looking for ways to become a homeowner without going bankrupt. Here are some tips to help you find a home you can afford.

Look at foreclosure lists, though there may not be much room to negotiate and there may be hidden fees as well. In terms of shaving off a bit of your mortgage payment, a credit score of at least 740 or 760 will get you the best interest rate, and a downpayment of 20 percent or more will help you avoid private mortgage insurance.

If you're thinking of buying and would like some tips or assistance, reach out to us!